AzzaVPS Officially Rolled into CVPS

Discussion in 'The Pub (Off topic discussion)' started by drmike, May 31, 2014.

  1. drmike

    drmike 100% Tier-1 Gogent

    May 13, 2013
    Fabozzi went on a bender the other night when his was sniffed as being involved in more shell companies and someone mentioned it on WHT and we had the thread on here... see:

    That was the 29th at 2AM I posted that thread and the dramarama on WHT was on the evening of the 28th.

    The dramarama thread on WHT had Fabooli pulling his site offline and set off other sites being pulled too.. Like AzzaVPS which was ghost ran without mentioning externally it was CVPS since at least last fall.

    We covered the AzzaVPS story in March: see:

    So, on the 29th AzzaVPS sent this out to customers:

    The website says:

    Which goes to the point that applying pressure on these guys in Buffalo gets some instant results when they see the edge of a door about to split their head / pocketbook.
    Last edited by a moderator: May 31, 2014
  2. trewq

    trewq Active Member Verified Provider

    May 15, 2013
    Sooo I'm not a lawyer but just migrating over user accounts and services voids the contract, yeah?
  3. drmike

    drmike 100% Tier-1 Gogent

    May 13, 2013
    Any time a company is sold or taken over the enforcement of contracts is murky at best.  Depends on the language of said agreements and inheritence clauses.

    There is a reason these guys hide and lie about their ownership of companies.  #1 is they don't want customers mass defecting since they are tarnished.   #2  placing others - the existing owner in operating role at head of the sub company keeps the customers fooled/blinded.   #3  previously asking such owners directly about said ownership by CC has resulted in direct and intentional lies by such folks, which, at law could be an issue down the road.   #4  it likely provides lucrative tax benefits and income write downs as these fake subsidiaries buy services at full rates likely while on the backside CC probably collects very little.   It's a paper shuffle game to absorb income on the books via inflated costs. There are varieties of this billing game to subsidiaries.
  4. William

    William pr0 Verified Provider

    Oct 10, 2013
    Yep, not entirely illegal depending on state though.
    drmike likes this.
  5. drmike

    drmike 100% Tier-1 Gogent

    May 13, 2013
    Same game is played by the tech giants with their foregin subsidiaries.  Like holding say patents in Ireland and charging licensing fees to themselves... I kid you not.

    Just because such games are "legal" doesn't make them ethical.  Then again, nothing ethical per se about taxation either.
  6. raindog308

    raindog308 vpsBoard Premium Member Moderator

    May 16, 2013
    In most cases the contract is a month-to-month service agreement, so it's not like the there's a lot of money at risk for the individual.

    Then again, in the lowend market, people argue over dimes.
  7. DomainBop

    DomainBop Dormant VPSB Pathogen

    Oct 11, 2013
    Any gains from that could be offset by the potential fines Fabozo & Co could face for not charging New York State Sales Tax to New York residents on Azza purchases from the time Azza was acquired (last year) to the time it was absorbed into CVPS in May.   UGVPS is another one where sales tax wasn't charged to New York residents after it was acquired.  In addition Fabozo's associate Two Hounds LLC (a NY registered company) isn't charging sales tax to NY residents either on its low end brands.  The statute of limitations is 10 years on tax evasion in NY....
    Last edited by a moderator: Jun 2, 2014